Janover (JNVR) - 2024 Q4 - Annual Results

Revenue Growth - SaaS subscription revenue increased by 488% year-over-year in Q4 2024, contributing to 14x growth for the entire year[3] - Total revenue for Q4 2024 was approximately $629,000, an increase of 80% compared to approximately$ 350,000 in Q4 2023[4] - Annual recurring revenue (ARR) reached approximately $812,000, a 194% increase from approximately$ 276,000 in the prior year[4] - Approximately 23% of total revenue in 2024 was recurring revenue, compared to less than 1% in 2023[4] - Platform fees for Q4 2024 were approximately $444,000, a 39% increase from approximately$ 319,000 in Q4 2023[7] - Subscription revenue for Q4 2024 was approximately $185,000, up 488% from approximately$ 32,000 in Q4 2023[7] Financial Performance - Net loss for Q4 2024 was approximately $486,000, a decrease of 59% from approximately$ 1.2 million in Q4 2023[6] - Cash flow from operations improved by 73% year-over-year in Q4 2024[5] Business Strategy - The company plans to continue focusing on transitioning from transactional debt revenue to recurring SaaS subscription revenue in fiscal 2025[4] User Base - The company serves over one million web users annually, including multifamily and commercial property professionals[9]